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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Mongo2116 who wrote (14791)11/6/2022 7:32:55 PM
From: Sdgla1 Recommendation

Recommended By
Kirk ©

  Read Replies (3) | Respond to of 26383
 
Hint… deficit fell due to Covid spending ending. You believe joe b is doing a great job ?
$10 Trillion in new spending in 2 years blew up our national debt and created stagflation… comment ?



To: Mongo2116 who wrote (14791)11/6/2022 8:54:02 PM
From: Kirk ©2 Recommendations

Recommended By
rogermci®
Sr K

  Read Replies (1) | Respond to of 26383
 
I don't usually call people idiots unless they really push it...

But anyone who doesn't know that the REVENUE COLLECTED since the tax cuts have soared and the Deficits are from the spending, IS AN IDIOT.

Also, to be an idiot squared, you praise Biden for cutting the deficit that he contributed to by SPENDING A TONE to pay people to not go to work, to close shops, to do all sorts of things the GOP didn't want to do.

Of course the deficit soared as we were not spending to travel, eat out, shop in "non essential" stores etc... it was probably the right thing to do as we were fighting a real war against a virus, but to claim you are better than Trump when that spending ends is DISHONEST and DANGEROUS.

FWIW, I think we had to do it until we got a handle on how to treat it and vaccinate people who were/are vulnerable to death. The real problem is we kept the money flowing to pay people to not work for too long AND too many got used to pretending to work from home and getting paid.

So an Idiot Squared is a fool who claims they are making things better when that massive spending ended.

I actually track the data monthly and have posted several blog articles about it but not even the people who like the data I post click the ads so why bother? If people want to be idiots in their ignorance, maybe I should not let it bother me.

JUST DON'T COME ON MY BOARD AND POST NONSENSE like that!